Arika Resources Limited (ASX: ARI), a company focused on developing and discovering high-quality gold assets in Western Australia, has announced promising exploration updates from its Yundamindra Gold Project in Western Australia. The latest drilling results highlight the potential for a large, multi-lode gold system at the Yellow Brick Road (YBR) prospect, located 65km south-west of Laverton. Initial step-out drilling across the central 3km of the 10km long system has delivered multiple strong gold intercepts, confirming the substantial scale of the opportunity at Yundamindra.
Key results include 5m @ 6.50g/t Au from 72m (25AYRC073), including 1m @ 30.00g/t Au from 73m, and 10m @ 1.03g/t Au from 24m (25AYRC083), including 2m @ 3.55g/t Au from 27m. These results build upon previously reported intersections, further solidifying the potential of the YBR prospect. Arika has drilled 16,000 metres to date as part of the ongoing program, with assays pending for 48 holes.
The company’s Managing Director, Justin Barton, expressed excitement about the project’s potential, stating that the drilling continues to expand the scope of the opportunity at Yundamindra. According to Barton, every hole drilled in the central 3km portion of the Yellow Brick Road has intersected significant mineralisation, extending or stepping out from previous intercepts. The drilling is now in progress at Pennyweight Point testing for down-plunge extensions to a series of exceptional intersections achieved from recent diamond drilling.
The exploration program aims to test the depth and strike extents of known gold occurrences and newly defined targets throughout the Yundamindra area. Arika is systematically testing multiple gold targets, including the Yellow Brick Road, the Emerald City Trend, and the Red Brick Road. Further drilling and results will be released continuously as data is received and interpreted, with focus returning to orebody definition drilling at Pennyweight Point.
